Fizz Pop produces one product (a soft drink that flows through two departments, mixing and bottling. Costs

Question:

Fizz Pop produces one product (a soft drink that flows through two departments, mixing and bottling. Costs in WIP inventory on March 1 included $4,000 of materials and $2,500 of conversion costs. Costs added during March included $50,000 of materials and $35,000 of conversion costs. A production report for the mixing department for March showed the following information:

image text in transcribed

Required Compute the total and unit costs for March. Also compute the amount of cost transferred to the bottling department during March and the amount of WIP on March 31 for the mixing department.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Managerial Accounting Information For Decisions

ISBN: 9780324222432

4th Edition

Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill

Question Posted: